Offering a robust compensation package is necessary if you want to attract and retain top tech talent. While this is widely understood, not all companies know precisely how to break up the compensation package to ensure it is enticing.
The tech boom led many businesses to believe that perks were more important than higher salaries. Workplaces with ping-pong tables and on-site gyms made headlines some years ago, making it seem like these additions were more valued by employees.
However, a recent survey showed that perks aren’t necessarily the most important form of compensation. Instead, tech professionals still favor higher pay.